For Sale

$1,100,000

HIGHLIGHTS:
  • Pending
  • $14,828/month
  • 6 DOM
  • 2 Stories
  • 0 Beds
  • 9,216 SqFT
Description

Investor Alert! Seize the chance to own a lucrative block of units at 4217 Sealy, in the heart of Galveston, Texas, 77550. This 12-unit complex offers an outstanding investment opportunity with a projected gross rental income ranging between $100,800 and $115,000 annually. Each of the twelve 2-bedroom units is individually metered for both electric and water. Enjoy peace of mind with a new roof installed in December 2024, ensuring a worry-free addition to your real estate portfolio. Located with great access to Broadway, this property promises convenience and appeal for potential tenants, boosting occupancy rates and minimizing vacancies. Don't miss out on this exceptional investment prospect to expand your holdings in the vibrant Galveston rental market. Contact us today to schedule a viewing and take the first step towards your next successful real estate venture.

Overview
  • MLS Number: 85985976
  • Type: Multi-Family - 5 Plus
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 9,216 SqF
  • Land Size: 7,200 sqft
  • Year Built: 1965
Financial
Price:
$1,100,000
Price/SqFT:
$119.36
HOA Fee:
Tax Rate:
1.74767 %
Est. Monthly:
$14,828 *
Tax Amount:
$19,224
Amenities and features
  • Foreclosure
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Floors:
    Vinyl
    Heating:
    Window Unit
    Cooling:
    Window Units
    Dishwasher:
    No
    Disposal:
    No
    Compactor:
    No
    Microwave:
    No
  • Roof:
    Composition

Listed By:
Joel Rankin

J.D. Rankin and Associates

The data on this website relating to real estate for sale comes in part from the IDX Program of the Houston Association of REALTORS®. All information is believed accurate but not guaranteed. The properties displayed may not be all of the properties available through the IDX Program. Any use of this site other than by potential buyers or sellers is strictly prohibited.

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